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Compare Indian Ocean (2007) - Faroe Islands (2004)

Compare Indian Ocean (2007) z Faroe Islands (2004)

 Indian Ocean (2007)Faroe Islands (2004)
 Indian OceanFaroe Islands
Administrative divisions - none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark); there are no first-order administrative divisions as defined by the US Government, but there are 49 municipalities
Age structure - 0-14 years: 21.6% (male 5,056; female 5,041)


15-64 years: 64.6% (male 15,975; female 14,187)


65 years and over: 13.7% (male 2,877; female 3,526) (2004 est.)
Agriculture - products - milk, potatoes, vegetables; sheep; salmon, other fish
Airports - 1 (2003 est.)
Airports - with paved runways - total: 1


914 to 1,523 m: 1 (2004 est.)
Area total: 68.556 million sq km


note: includes Andaman Sea, Arabian Sea, Bay of Bengal, Flores Sea, Great Australian Bight, Gulf of Aden, Gulf of Oman, Java Sea, Mozambique Channel, Persian Gulf, Red Sea, Savu Sea, Strait of Malacca, Timor Sea, and other tributary water bodies
total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
Area - comparative about 5.5 times the size of the US eight times the size of Washington, DC
Background The Indian Ocean is the third largest of the world's five oceans (after the Pacific Ocean and Atlantic Ocean, but larger than the Southern Ocean and Arctic Ocean). Four critically important access waterways are the Suez Canal (Egypt), Bab el Mandeb (Djibouti-Yemen), Strait of Hormuz (Iran-Oman), and Strait of Malacca (Indonesia-Malaysia). The decision by the International Hydrographic Organization in the spring of 2000 to delimit a fifth ocean, the Southern Ocean, removed the portion of the Indian Ocean south of 60 degrees south latitude. The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. The islands have been connected politically to Denmark since the 14th century. A high degree of self-government was attained in 1948.
Birth rate - 13.89 births/1,000 population (2004 est.)
Budget - revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
Capital - Torshavn
Climate northeast monsoon (December to April), southwest monsoon (June to October); tropical cyclones occur during May/June and October/November in the northern Indian Ocean and January/February in the southern Indian Ocean mild winters, cool summers; usually overcast; foggy, windy
Coastline 66,526 km 1,117 km
Constitution - 5 June 1953 (Danish constitution)
Country name - conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
Currency - Danish krone (DKK)
Death rate - 8.68 deaths/1,000 population (2004 est.)
Debt - external - $64 million (1999)
Dependency status - part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
Diplomatic representation from the US - none (self-governing overseas administrative division of Denmark)
Diplomatic representation in the US - none (self-governing overseas administrative division of Denmark)
Disputes - international some maritime disputes (see littoral states) Faroese are considering proposals for full independence; Denmark dispute with Iceland over the Faroe Islands fisheries median line boundary of 200 nm; Denmark disputes with Iceland, the UK, and Ireland the Faroe Islands claim extending its continental shelf boundary beyond 200 nm
Economic aid - recipient - $135 million (annual subsidy from Denmark) (1998)
Economy - overview The Indian Ocean provides major sea routes connecting the Middle East, Africa, and East Asia with Europe and the Americas. It carries a particularly heavy traffic of petroleum and petroleum products from the oilfields of the Persian Gulf and Indonesia. Its fish are of great and growing importance to the bordering countries for domestic consumption and export. Fishing fleets from Russia, Japan, South Korea, and Taiwan also exploit the Indian Ocean, mainly for shrimp and tuna. Large reserves of hydrocarbons are being tapped in the offshore areas of Saudi Arabia, Iran, India, and western Australia. An estimated 40% of the world's offshore oil production comes from the Indian Ocean. Beach sands rich in heavy minerals and offshore placer deposits are actively exploited by bordering countries, particularly India, South Africa, Indonesia, Sri Lanka, and Thailand. The Faroese economy has had a strong performance since 1994, mostly as a result of increasing fish landings and high and stable export prices. Unemployment is falling and there are signs of labor shortages in several sectors. The positive economic development has helped the Faroese Home Rule Government produce increasing budget surpluses, which in turn help to reduce the large public debt, most of it owed to Denmark. However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is a sustainable level of fishing in the long term. Oil finds close to the Faroese area give hope for deposits in the immediate Faroese area, which may eventually lay the basis for a more diversified economy and thus lessen dependence on Danish economic assistance. Aided by a substantial annual subsidy (15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians.
Electricity - consumption - 149.1 million kWh (2001)
Electricity - exports - 0 kWh (2001)
Electricity - imports - 0 kWh (2001)
Electricity - production - 160.4 million kWh (2001)
Elevation extremes lowest point: Java Trench -7,258 m


highest point: sea level 0 m
lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
Environment - current issues endangered marine species include the dugong, seals, turtles, and whales; oil pollution in the Arabian Sea, Persian Gulf, and Red Sea NA
Ethnic groups - Scandinavian
Exchange rates - Danish kroner per US dollar - 6.5877 (2003), 7.89 (2002), 8.323 (2001), 8.083 (2000), 6.976 (1999)
Executive branch - chief of state: Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Birgit KLEIS, chief administrative officer (since 1 November 2001)


head of government: Prime Minister Joannes EIDESGAARD (since 3 February 2004)


cabinet: Landsstyri appointed by the prime minister


elections: the monarch is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually elected prime minister by the Faroese Parliament; election last held 20 January 2004 (next to be held no later than January 2008)


election results: Joannes EIDESGAARD elected prime minister; percent of parliamentary vote - NA%


note: coalition of Social Democrats, Union Party, and People's Party
Exports - NA (2001)
Exports - commodities - fish and fish products 94%, stamps, ships (1999)
Exports - partners - Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003)
Fiscal year - calendar year
Flag description - white with a red cross outlined in blue extending to the edges of the flag; the vertical part of the cross is shifted toward the hoist side in the style of the Dannebrog (Danish flag)
GDP - purchasing power parity - $1 billion (2001 est.)
GDP - composition by sector - agriculture: 27%


industry: 11%


services: 62% (1999)
GDP - per capita - purchasing power parity - $22,000 (2001 est.)
GDP - real growth rate - 10% (2001 est.)
Geographic coordinates 20 00 S, 80 00 E 62 00 N, 7 00 W
Geography - note major chokepoints include Bab el Mandeb, Strait of Hormuz, Strait of Malacca, southern access to the Suez Canal, and the Lombok Strait archipelago of 17 inhabited islands and one uninhabited island, and a few uninhabited islets; strategically located along important sea lanes in northeastern Atlantic; precipitous terrain limits habitation to small coastal lowlands
Highways - total: 463 km


paved: 454 km


unpaved: 9 km (1999)
Household income or consumption by percentage share - lowest 10%: NA


highest 10%: NA
Imports - NA (2001)
Imports - commodities - machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999)
Imports - partners - Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003)
Independence - none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate - 8% (1999 est.)
Industries - fishing, fish processing, shipbuilding, construction, handicrafts
Infant mortality rate - total: 6.38 deaths/1,000 live births


male: 7.72 deaths/1,000 live births


female: 5.03 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) - 5.1% (1999)
International organization participation - IMO (associate), NC, NIB, UPU
Irrigated land - 0 sq km (1998 est.)
Judicial branch - none
Labor force - 24,250 (October 2000)
Labor force - by occupation - fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34%
Land boundaries - 0 km
Land use - arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
Languages - Faroese (derived from Old Norse), Danish
Legal system - Danish
Legislative branch - unicameral Faroese Parliament or Logting (32 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)


elections: last held 20 January 2004 (next to be held no later than January 2008)


election results: percent of vote by party - Union Party 23.7%, Social Democrats 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democrats 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1


note: election of 2 seats to the Danish Parliament was last held on 20 November 2001 (next to be held 8 February 2005); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
Life expectancy at birth - total population: 79.05 years


male: 75.6 years


female: 82.51 years (2004 est.)
Literacy - definition: NA


total population: NA


male: NA


female: NA


note: probably the same as Denmark proper
Location body of water between Africa, the Southern Ocean, Asia, and Australia Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway
Map references Political Map of the World Europe
Maritime claims - territorial sea: 3 nm


continental shelf: 200 nm or agreed boundaries or median line


exclusive fishing zone: 200 nm or agreed boundaries or median line
Merchant marine - total: 7 ships (1,000 GRT or over) 24,051 GRT/11,998 DWT


by type: cargo 3, container 1, petroleum tanker 1, roll on/roll off 1, short-sea/passenger 1


foreign-owned: Denmark 2, Norway 1, United Kingdom 1


registered in other countries: 1 (2004 est.)
Military - note - defense is the responsibility of Denmark
Military branches - no regular military forces
Military expenditures - dollar figure - NA
Military expenditures - percent of GDP - NA
National holiday - Olaifest, 29 July
Nationality - noun: Faroese (singular and plural)


adjective: Faroese
Natural hazards occasional icebergs pose navigational hazard in southern reaches NA
Natural resources oil and gas fields, fish, shrimp, sand and gravel aggregates, placer deposits, polymetallic nodules fish, whales, hydropower, possible oil and gas
Net migration rate - 1.41 migrant(s)/1,000 population (2004 est.)
Political parties and leaders - Center Party [Jenis A. RANA]; Independence Party [Helena Dam a NEYSTABO]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Lisbeth PETERSEN]
Political pressure groups and leaders - NA
Population - 46,662 (July 2004 est.)
Population below poverty line - NA
Population growth rate - 0.66% (2004 est.)
Ports and harbors - Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur
Radio broadcast stations - AM 1, FM 13, shortwave 0 (1998)
Religions - Evangelical Lutheran
Sex ratio - at birth: 1 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 1.13 male(s)/female


65 years and over: 0.82 male(s)/female


total population: 1.05 male(s)/female (2004 est.)
Suffrage - 18 years of age; universal
Telephone system - general assessment: good international communications; good domestic facilities


domestic: digitalization was completed in 1998; both NMT (analog) and GSM (digital) mobile telephone systems are installed


international: country code - 298; satellite earth stations - 1 Orion; 1 fiber-optic submarine cable to the Shetland Islands, linking the Faroe Islands with Denmark and Iceland; fiber-optic submarine cable connection to Canada-Europe cable
Telephones - main lines in use - 23,000 (2002)
Telephones - mobile cellular - 30,700 (2002)
Television broadcast stations - 3 (plus 43 low-power repeaters) (September 1995)
Terrain surface dominated by counterclockwise gyre (broad, circular system of currents) in the southern Indian Ocean; unique reversal of surface currents in the northern Indian Ocean; low atmospheric pressure over southwest Asia from hot, rising, summer air results in the southwest monsoon and southwest-to-northeast winds and currents, while high pressure over northern Asia from cold, falling, winter air results in the northeast monsoon and northeast-to-southwest winds and currents; ocean floor is dominated by the Mid-Indian Ocean Ridge and subdivided by the Southeast Indian Ocean Ridge, Southwest Indian Ocean Ridge, and Ninetyeast Ridge rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate - 2.22 children born/woman (2004 est.)
Unemployment rate - 1% (October 2000)
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